The Global Phenomenon of Boring Mill Machines

During the early years, boring milling machines were either manually or mechanically automated. But with the technological advancements made, particularly the development of CNC machining, a lot of improvements have been done that allow a number of capacities for the machine to be integrated into various machining operations. They are not only capable of boring a wide range of metals and other materials but are also used for many other processes. CNC boring mills come in two types: horizontal and vertical, which refers to the orientation of the cutting tool spindle.

CNC boring milling machines usually require either a CAD or CAM software for them to work properly. The numerical codes are used to drive the center, which, in turn, is utilized in fabricating parts through cutting tools that remove the material. The demand for these machines over the next five years is projected to increase dramatically. This is primarily due to the estimated growth in the manufacturing sectors in developed and developing nations. Moreover, the rising trend for smarter, more intelligent machining and additive manufacturing are also the other causes of such increasing demand.

However, the participation of entry players in the market will be limited due to two major reasons. The high upfront cost needed to invest in boring milling machines is one major restriction. Second is the considerable investments in research and development activities needed for the development of the machines will also be reflected in the final price of the machine. Despite this, there are still key reasons that help augment the growth of the market of these machines. These are the introduction of 6-axis CNC boring milling machines that are very useful in the automotive and aerospace industries. It has been found to lower production time by as much as 75%.

As for the types of market segments, the major ones include the energy/heavy industry, automotive industry, job shops, mould making, OEM, the aerospace and defense, which account for the most share in the overall market.